Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
ROLLWAGEN JOHN A
 2. Issuer Name and Ticker or Trading Symbol
PARTNERRE LTD [PRE] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

1693 SABAL PALM DRIVE		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2012
(Street)


BOCA RATON, FL 33432		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Shares 12/24/2012   G(1) 9,116 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/24/2012   G 9,116 D $ 0 4,000 D  
Common Shares 12/28/2012   G 1,023 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/28/2012   G 10,127 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/28/2012   G 1,458 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/28/2012   G 6,157 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/28/2012   G 8,070 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/28/2012   G 5,000 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/28/2012   G 10,768 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust
Common Shares 12/28/2012   G 8,721 A $ 0 60,440 I Beverly J. Rollwagen 2012 Family Irrevocable Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units $ 0 12/28/2012   G   1,023 06/15/2015   (2) Common Shares
1,023
$ 0 0
D
 
Non-qualified Stock Option (Right to Buy) $ 71.12 12/28/2012   G   10,127 06/15/2013 06/15/2022 Common Shares
10,127
$ 0 0
D
 
Restricted Share Units $ 0 12/28/2012   G   1,458 06/15/2016   (3) Common Shares
1,458
$ 0 0
D
 
Non-qualified Stock Option (Right to Buy) $ 59.43 12/28/2012   G   6,157 05/10/2005 05/10/2015 Common Shares
6,157
$ 0 0
D
 
Non-qualified Stock Option (Right to Buy) $ 63.26 12/28/2012   G   8,070 05/12/2006 05/12/2016 Common Shares
8,070
$ 0 0
D
 
Non-qualified Stock Option (Right to Buy) $ 54.76 12/28/2012   G   5,000 05/13/2004 05/13/2014 Common Shares
5,000
$ 0 0
D
 
Non-qualified Stock Option (Right to Buy) $ 68.59 12/28/2012   G   10,768 06/15/2011 06/15/2021 Common Shares
10,768
$ 0 0
D
 
Non-qualified Stock Option (Right to Buy) $ 73.19 12/28/2012   G   8,721 05/10/2007 05/10/2017 Common Shares
8,721
$ 0 0
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ROLLWAGEN JOHN A
1693 SABAL PALM DRIVE
BOCA RATON, FL 33432		   X      

Signatures

Marc Wetherhill as Attorney-in-Fact for John Rollwagen 02/11/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These transactions involved a gift of securities by the reporting person to the Irrevocable Trust. The reporting person disclaims beneficial ownership of the shares held by the Irrevocable Trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose.
(2) Restricted Share Units are issued under the PartnerRe Ltd. 2003 Non-Employee Directors Share Plan. Restricted Share Units will vest 100% on the fifth anniversary of the date of Grant on June 15, 2015.
(3) Restricted Share Units are issued under the PartnerRe Ltd. 2003 Non-Employee Directors Stock Plan. Restricted Share Units will vest 100% on the fifth anniversary of the date of Grant on June 15, 2016.

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